Europe’s legal market climbs slowly back to health

As you read this, the finishing touches are being put on the 2014 edition of The Lawyer European 100.

It’s the fifth year we have published the European 100 – the only turnover ranking of Europe’s independent law firms across the whole continent. As a result, this year there is enough historical data to look back and see how different firms in different countries have coped with the financial crisis.

The full list of the top 100 won’t be releaseed until 12 May. However we can reveal that the gap between first-placed Garrigues and second-placed Fidal has narrowed slightly, after the former reported a slight turnover decrease and the latter a small increase.

FIDAL’s strategy of focusing more on internationalisation and deepening its relationships with other firms is indicative of the strategy now being pursued by many European independents. But the continental legal market also includes a large number of strong internationals, and this year’s European 100 will – for the first time – look at the size of international firms in Europe.

An executive summary of the report, including the list of the top 100 independents and 30 largest internationals, will be in the magazine and online on 12 May. An expanded report, packed with data and analysis, will also be released on the same date. Contact David Freeman if you’d like to register your interest for the full version.

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